SEC Form 4 · accession 0001024305-19-000042
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luc Volatier
Officer — Chief Global Supply Officer
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 8:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024305
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $11.08 | Feb 15, 2019 | A | 1,353,789 | A | — | Feb 15, 2029 | Class A common stock | 1,353,789 | 1,353,789 | D |
| Restricted Stock UnitsF2 | — | Feb 15, 2019 | A | 191,082 | A | — | — | Class A common stock | 191,082 | 191,082 | D |
Explanation of responses
- F1Represents a matching Stock Option granted to the Reporting Person in connection with the Elite Program under the Issuer's Equity and Long-Term Incentive Plan. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 451,263 shares of Class A Common Stock but more than 270,758, a pro rata portion of the matching Stock Option will be forfeited. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 270,758, the entire matching Stock Option will be forfeited.
- F2Upon vesting, each Restricted Stock Unit settles for one share of Class A Common Stock of the Issuer. Subject to certain vesting conditions and exceptions, the Restricted Stock Units vest as follows: 60% on February 15, 2022, 20% on February 15, 2023 and 20% on February 15, 2024.